An established independent financial planning practice based in Bristol is available for acquisition. The business is currently operated by a semi-retired director who is planning full retirement within the next year.
The practice manages a portfolio of core clients with funds under management of under £5 million actively being serviced. The client base consists primarily of retired individuals with an average age in their late 60s to 70s. The business generates recurring income of approximately £30,000 to £40,000.
This represents an ideal opportunity for an adviser or firm looking to acquire an established client bank with steady recurring revenue in the Bristol area. The business owner is actively exploring market options and is open to discussions with interested parties.